$24,900
0.28 Acres
Land
Jason P Sokody, Listing Office: Howard Hanna WNY Inc.
Is 14427, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 14427 was a Seller's Market.
Key Takeaway
14427 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 14427, NY
How much do homes in 14427, NY cost?
Median Sold Price
$138,995
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,505(-5.8%)
Key Takeaway
Homes in 14427 have sold for 5.8% less than they did a year ago.
Summary: The median home sold price in 14427 was $138,995 in October 2024, down 5.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | - | N/A |
| 2 Bedrooms | $148.7K | $92.5K | -37.8% |
| 3 Bedrooms | $131K | $190.6K | +45.5% |
| 4 Bedrooms | $190K | $180K | -5.3% |
| 5+ Bedrooms | $190K | $105K | -44.7% |
Summary: 14427 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.8%, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 44.7%.
Housing Supply in 14427, NY
How many homes are available in 14427, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The 14427 real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 14427 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 14427, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 14427 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 14427, NY
How long does it take to sell a home in 14427, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 8 Days | -72.1% |
Summary: Homes in 14427 had an average of 8 days on market in Oct 2024, down by 72.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 14427 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 14427; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
